Reversal of fortune: immiserizing technical change in agriculture

Several recent studies have reported the possibility of immiserizing technical change in agriculture. In these studies, the interaction of government commodity policy and technical change has been shown potentially to lead to a loss of national welfare, a negative rate of return to research. The pur...

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Veröffentlicht in:	American journal of agricultural economics 1995-05, Vol.77 (2), p.251-259
Hauptverfasser:	Alston, J.M. (University of California, Davis.), Martin, W.J
Format:	Artikel
Sprache:	eng
Schlagworte:	Agricultural development Agricultural economics Agriculture ANALISIS DE COSTOS ANALYSE DES COUTS CAMBIO TECNOLOGICO CHANGEMENT TECHNOLOGIQUE COMMERCIALISATION Consumption distortions ECONOMIA ECONOMIA DE BIENESTAR Economic theory ECONOMIE ECONOMIE DU BIEN ETRE Emerging technology Equilibrium Expenditures Export subsidies Exports Farm exports immiserizing technical change International trade INVESTIGACION MERCADEO MODELE MATHEMATIQUE MODELOS MATEMATICOS negative rates of return to research O330 Price distortions Prices Public assistance programs Q160 RECHERCHE RELACIONES DE INTERCAMBIO Social costs Subsidies Supply Supply & demand Supply and demand Tariffs Technological change Technology TERME DE L'ECHANGE Terms of trade Trade policy
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Zusammenfassung:	Several recent studies have reported the possibility of immiserizing technical change in agriculture. In these studies, the interaction of government commodity policy and technical change has been shown potentially to lead to a loss of national welfare, a negative rate of return to research. The purpose of this paper is to tie these recent results to the earlier results of Bhagwati and Johnson on immiserizing growth (technical change), and to offer a more general condition for describing the impacts of distortions on the benefits from technical change.
ISSN:	0002-9092 1467-8276
DOI:	10.2307/1243535